Shares of United Therapeutics Under Pressure, Down 2.1%

Published on Mon, 06/10/2013 - 10:55
By Robert Cotter in Market movers, UTHR, market movers, nasdaq:uthr, united therapeutics

United Therapeutics (NASDAQ:UTHR) is one of today's biggest movers, down 2.1% to $65.57. The Dow is trading fractionally higher to 15,261 and the S&P is currently trading fractionally higher to 1,645.

United Therapeutics (NASDAQ:UTHR) is currently priced 10.4% above its average consensus analyst price target of $58.78. The stock should discover initial support at its 50-day moving average (MA) of $64.26 and subsequent support at its 200-day MA of $57.05.

United Therapeutics share prices have moved between a 52-week high of $70.74 and a 52-week low of $36.55 and are now trading 79% above that low price at $65.57 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.

United Therapeutics Corporation develops pharmaceuticals to treat vascular diseases such as pulmonary hypertension and peripheral vascular disease. The Company's lead products are stable synthetic forms of prostacyclin and are delivered orally or subcutaneously. United's products are currently in Phase III clinical trials.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Con-way is Among the Companies in the Tr...

Here are the top 5 stocks in the Trucking industry ranked by performance. We compiled ...

Top 5 Companies in the Thrifts & Mortgag...

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performa ...

VASCO Data Security International has th...

Below are the top five companies in the Systems Software industry as measured by relati ...

U.S. Steel has the Best Relative Perform...

We looked at the Steel industry and measured relative performance to find the top stock ...

Relatively Good Performance Detected in ...

Here are the top 5 stocks in the Specialty Stores industry ranked by performance. We c ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in MoSys (NASDAQ:MOS ...

Best Relative Performance in the Special...

We looked at the Specialized REITs industry and measured relative performance to find t ...

Best Relative Performance in the Special...

We looked at the Specialized Consumer Services industry and measured relative performan ...